of July 7, 2010 No. ZR-106
About modification of the Law of the Republic of Armenia "About banks and banking activity"
Accepted by National Assembly of the Republic of Armenia on June 24, 2010
Article 1. Part 4 of article 13 of the Law of the Republic of Armenia "About banks and banking activity" of June 30, 1996 to state ZR-68, in the following edition:
"4. The banks operating in the territory of the Republic of Armenia are forbidden to keep the register of the participants personally. The banks operating in the territory of the Republic of Armenia, being joint-stock companies shall transfer maintaining the register of the participants to the corresponding persons provided by the Law of the Republic of Armenia "About joint-stock companies". The banks operating in the territory of the Republic of Armenia, being cooperatives or limited liability companies shall transfer maintaining the register of the participants to the Central bank.".
Article 2. This law becomes effective for the tenth day after official publication.
President of the Republic of Armenia
S. Sargsyan
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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